Free Trade versus “Free Trade”
To economists, free trade means absence of government interference with trade. To politicians, "free trade" means a complex set of managed policies.
To economists, free trade means absence of government interference with trade. To politicians, "free trade" means a complex set of managed policies.
2017 will be an interesting year with the uncertainty of a Trump administration and the growing need for fiscal policy reform ahead.
The mainstream media in Europe and the UK are worried about economic shocks in 2017. We should all be worried.